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Mad Catz Interactive, Inc. (Template:TSX) is a peripherals manufacturer for various video game consoles. It produces a wide range of accessories including control pads, memory cards, connection cables and other human interface devices.

Name changes

The company was founded in 1989 as Patch Ventures. In 1994 it changed its name to Legacy Storage Systems International (TSX: LEG). The name was then changed to Tecmar Technologies International in 1996 and Xencet Investments in 1998. The company was renamed Games Trader and then GTR Group in 1999, and then finally to Mad Catz Interactive in 2001^[1].

Acquisitions

In September 2007, Mad Catz acquired Joytech^[2]for US$3.7 million^[3]. Mad Catz expects Joytech to add $10 million to its annual revenue.^[4]

In November Mad Catz further diversified into the PC peripheral market by acquiring Europe-based electronics manufacturer Saitek for US$ 30 million. ^[5]

References

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